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A soccer ball manufacturer wants to estimate the mean circumference of soccer balls within 0.05 in.
a) Determine the minimum sample size required to construct a 99% confidence interval using a population standard deviation of 0.25 in.
b) Repart a using a standard deviation of 0.30 in. Which standard deviation requires a larger sample size? Explain
what is the equation that predicts mortgage amount from interest rate? Compute the slope of the straight line. compute the y-intercept of the straight line.
A random sample of 72 statistics students was taken to estimate the proportion of students who are also in the Math Club. The 90% confidence interval was 0.438 to 0.642. Using this information, what sample size would be necessary to estimate the t..
The Manager of a seafood restaurant was asked to establish a pricing policy on lobster dinners. Experimenting with prices produced the following data:
If the following expression (5t+5)/(2t+5) is to make sense, the values that t can take must be restricted. State the restriction on it.
54% of men consider themselves professional baseball fans. You randomly select 10 men and ask if he considers himself a fan. Find the probability that the number who consider themselves professional fans is
A business owner decides to use a binomial distribution to solve one of his problems. He knows there is a 60 percent probability that he will sell one of his Red Oak floors to any customer who comes into his shop and views the wood.
What is the probability that Bob will win that wonderful trip on the basis of his gasoline sales this month?
Compute lower and upper quartiles of log10-balances? Determine 95% range of the balances in $s? Express in English what the two boundaries mean.
A diet is being developed which must contain at least 100 mg of vitamin C. Two fruits are used in this diet. Bananas contain 30 mg of vitamin C and Apples contain 20 mg of vitamin C. The diet must contain at least 100 mg of vitamin C. Which of the..
Management announce an incentive pay for the top 30% producers. what is the minimum number of units that a worker should produce in order to qualify for the incentive pay?
Make an interval estimate the population means score for the daycare children so that you are 95% confident that the true mean is in your interval.
Use the Wilcoxin Rank Sum test for independent samples to determine if the median age of a car and a taxi are different.
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